Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 4 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 3 | 5 | 10 |
Acreage buckets
The median price for land in Shelby, Ohio is currently $19K per acre. For a typical parcel, the median sale price is $39K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $85K.
The current absorption rate in Shelby, Ohio is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is EXP Realty, LLC.
Land in Shelby, Ohio averages $27K per acre. The median price per acre is $19K, which may be more representative of typical transactions. Most parcels sold are around 1.9 acres.
The 3-month absorption rate in Shelby, Ohio is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Shelby, Ohio stands at $39K. This translates to roughly $19K per acre for the typical parcel size. The average price is $47K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Shelby, Ohio saw 10 properties sold, totaling $474K in sales volume. In just the last 3 months, 3 properties changed hands.
Land in Shelby, Ohio typically sells within 76 days of listing. The median time on market is 54 days. Properties are moving at a moderate pace in the current very hot seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
